Wells Fargo: Why Investors Shouldn’t Worry About NIM Compression

Shares in Wells Fargo & Company (NYSE:WFC) began to fall this morning, after the company announced earnings which trumped analyst estimates. The major worry related to the company's report appears to be centered around the continued drop in the firm's Net Interest Margin.

Wells Fargo & Company (NYSE:WFC) announced earnings of $0.91 cents per share for the fourth quarter of 2012 before the market opened this morning. Analysts had expected the firm to announce profits of just $0.89 per share. Those numbers mark an increase of 24% over the same quarter in 2011.